Political crisis in the United Kingdom | 21 May 2019
21 May 2019, GBP/USD
GBPUSD trading plan:
The British Prime Minister plans to meet with the leaders of opposition parties to discuss the new BREXIT project. With MPs still on course to reject Theresa May’s proposed withdrawal agreement for a fourth time, though, the potential for further Pound Sterling gains appears limited. The political crisis in the United Kingdom does not like investors - traders sell British currency, shares of British banks. There is no important news in the calendar today. Investors will take a break to assess the prospects of the British currency.
Trading recommendation: range 1.2700- 1.2760.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
